UNITED STATES STEEL
A Corporation With a Soul
 PUBLISHER’S NOTE
This book is planned as an open and aboveboardpresentation of the development of agreat business. The story of the steel industry isthe story of the United States Steel Corporation; onecannot be told without the other. It is hoped thatthis frank presentation of facts about our greatestcorporation gathered from the records of thecompany will be of interest to the general reader.
Elbert H. Gary
“The story of United States Steel is the taleof how Gary made his dream come true”
UNITED STATES
STEEL
A CORPORATION WITH A SOUL
BY
ARUNDEL COTTER
GARDEN CITY, N. Y., AND TORONTO
DOUBLEDAY, PAGE & COMPANY
1921
COPYRIGHT, 1921, BY
DOUBLEDAY, PAGE & COMPANY
ALL RIGHTS RESERVED, INCLUDING THAT OF TRANSLATION
INTO FOREIGN LANGUAGES, INCLUDING THE SCANDINAVIAN
COPYRIGHT, 1916, BY MOODY MAGAZINE & BOOK CO.
v
FOREWORD
When, in 1914–1915, I wrote “The Authentic History of theUnited States Steel Corporation,” which has been enlargedand brought up to date in the present volume, the Government’ssuit for the dissolution of the Corporation had notbeen decided. In fact, the lower court handed down itsdecision just about the time the book was going to press.
It was my good fortune to hear the testimony of the mostimportant of the more than 400 witnesses and argument ofcounsel in the suit and to supplement the information so gainedby conversations with steel men, inside and outside the Corporation,with whom my work brings me in constant contact.And all that I learned convinced me more and more that thebig company was not illegal, either technically or morally,and that, in fact, its influence on industry was beneficent.It is naturally a matter of personal gratification that the suithas resulted in the complete vindication of the Corporation.
We live in a day of big corporations and the tendencyseems to be to concentrate still more capital and manufacturingfacilities. It is therefore important that we should knowsomething of their activities, not only economic but social.
I believe that the United States Steel Corporation is oneenterprise that endeavors always to live up fully to the responsibilitiesit must perforce assume to its employees andto the public, as well as to its stockholders. I believe thatit has earned the title of “A Corporation With A Soul”.And, so believing, I have not hesitated to                        
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